by Daniel White | Nov 14, 2022 | Economy
November 14, 2022 The Federal Reserve has been hiking interest rates for most of 2022. We’re now starting to see the nasty ripple effects of these moves. The average rate on the 30-year fixed mortgage, which is one of the most popular home loans, climbed to more than...
by Daniel White | Oct 24, 2022 | Economy
October 24, 2022 We see a lot of comparisons between what’s happening today and what occurred in the 1970s because it was the last time consumer price inflation was anywhere near this high. But unless you were around (and probably driving) back then, it might go...
by Daniel White | Oct 17, 2022 | Economy
October 17, 2022 Despite a slight uptick recently, the U.S. consumer confidence index has been steadily falling: President Biden denies we’re in a recession, even though we just went through two consecutive quarters of negative economic growth, which many consider to...
by Daniel White | Oct 10, 2022 | Economy
October 10, 2022 We’ve been told inflation is at a 40-year high. That’s bad enough, but if it’s calculated using traditional methods, the outlook is even worse. At the end of June, the Consumer Price Index (CPI) stood at 9.1%. That was the biggest 12-month price...
by Daniel White | Sep 26, 2022 | Economy
September 26, 2022 See the man behind the curtain? Pay no attention to him. We’ve heard that one before, back in Oz, right? Well, as the government points to one month of favorable employment figures, it’s essentially telling us exactly that – we can’t be in a...
